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Acquiring Company
Parish Tractor
Acquired Company
Crain Tractor
LouisianaColumbiaAgriculture and FarmingAgriculture and FarmingDescription
Parish Tractor has acquired Crain Tractor to expand its footprint in the southeast. This acquisition increases Parish Tractor's total number of locations to nine. The company aims to extend its core values and exceptional service to a broader audience. The addition of Crain Tractor will enhance support for the agriculture and construction communities.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed